MGT 521 FINAL EXAM 2017
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MGT 521 FINAL EXAM 2017
- Exam (elaborations) • 6 pages • 2017
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1. An organization’s return on investment is calculated by dividing:
its profit before interest and taxes by its total interest charges.
its operating profit by sales revenue.
its current assets by its current liabilities.
its net income before taxes by its total assets.
2. Which of the following statements is true of a corporate-level strategy?
It provides the framework within which functional managers operate.
It outlines a division’s long-term goals.
It is used to identify an organization...
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